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  4. [Form 4] NEXSTAR MEDIA GROUP, INC. Insider Trading Activity

Nexstar (NXST) executive vests RSUs, sells 397 shares to cover taxes

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

NEXSTAR MEDIA GROUP, INC. officer Brett Jenkins reported routine equity compensation activity. On June 3, 2026, 1,313 time-based restricted stock units converted into the same number of common shares at $0.00 per share as part of a June 3, 2022 RSU award.

According to the footnotes, on June 4, 2026 he sold 397 common shares at an average price of $182.4153 per share to cover tax withholding obligations tied to the RSU vesting, rather than as a discretionary sale. After these transactions, he directly owned 27,977 Nexstar common shares.

Positive

  • None.

Negative

  • None.
Insider Jenkins Brett
Role See Remarks
Sold 397 shs ($72K)
Type Security Shares Price Value
Sale Common Stock 397 $182.4153 $72K
Exercise Restricted Stock Units 1,313 $0.00 --
Exercise Common Stock 1,313 $0.00 --
Holdings After Transaction: Common Stock — 27,977 shares (Direct, null); Restricted Stock Units — 0 shares (Direct, null)
Footnotes (1)
  1. Each time-based restricted stock unit ("RSU") is converted into one share of Nexstar's Common Stock subject to the Reporting Person's continued service through the applicable vesting date. 5,250 RSUs were awarded on June 3, 2022, of which, 1,312, 1,313, 1,312 and 1,313 RSUs vested on June 3, 2023, 2024, 2025 and 2026, respectively. The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the settlement of RSUs that vested on June 3, 2026.
Shares sold 397 shares Common stock sold June 4, 2026
Sale price $182.4153 per share Average price for 397 shares sold
RSUs converted 1,313 units RSUs converted to common stock on June 3, 2026
Shares owned after 27,977 shares Direct Nexstar common stock ownership post-transaction
Original RSU grant 5,250 RSUs Time-based RSUs awarded June 3, 2022
Restricted Stock Units financial
"Each time-based restricted stock unit ("RSU") is converted into one share of Nexstar's Common Stock"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
RSUs financial
"5,250 RSUs were awarded on June 3, 2022, of which, 1,312, 1,313, 1,312 and 1,313 RSUs vested"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
tax withholding obligations financial
"shares sold by the Reporting Person to cover tax withholding obligations in connection with the settlement of RSUs"
vesting date financial
"subject to the Reporting Person's continued service through the applicable vesting date"
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Jenkins Brett
(Last)(First)(Middle)
C/O NEXSTAR MEDIA GROUP, INC.
545 E. JOHN CARPENTER FREEWAY, SUITE 700
(Street)
IRVING TEXAS 75062
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
NEXSTAR MEDIA GROUP, INC. [ NXST ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
See Remarks
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/03/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/03/2026M1,313A$0(1)(2)28,374D
Common Stock06/04/2026S(3)397D$182.415327,977D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)06/03/2026M1,313 (2) (2)Common Stock1,313$00D
Explanation of Responses:
1. Each time-based restricted stock unit ("RSU") is converted into one share of Nexstar's Common Stock subject to the Reporting Person's continued service through the applicable vesting date.
2. 5,250 RSUs were awarded on June 3, 2022, of which, 1,312, 1,313, 1,312 and 1,313 RSUs vested on June 3, 2023, 2024, 2025 and 2026, respectively.
3. The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the settlement of RSUs that vested on June 3, 2026.
Remarks:
EVP, Chief Technology & Digital Officer
/s/ Mark Hoyla, Attorney-in-Fact for Brett Jenkins06/05/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did Nexstar (NXST) executive Brett Jenkins report in this Form 4?

He reported RSU vesting and a related tax sale. 1,313 restricted stock units converted into common shares, and 397 of those shares were sold to cover tax withholding obligations, leaving him with 27,977 directly owned Nexstar shares.

How many Nexstar (NXST) shares did Brett Jenkins sell, and at what price?

He sold 397 Nexstar shares at $182.4153 each. The filing notes this sale was made to satisfy tax withholding obligations arising from the settlement of RSUs that vested on June 3, 2026.

How many Nexstar (NXST) RSUs vested for Brett Jenkins on June 3, 2026?

1,313 restricted stock units vested and converted into shares. These RSUs were part of a 5,250-unit award granted on June 3, 2022, which vested in four annual installments through June 3, 2026.

What is Brett Jenkins’ Nexstar (NXST) share ownership after these transactions?

He directly owns 27,977 common shares after the filings. This reflects the net result of the 1,313 RSU shares delivered and the 397 shares sold to cover associated tax withholding obligations.

What was the original Nexstar (NXST) RSU grant described in this Form 4?

The grant totaled 5,250 time-based RSUs awarded June 3, 2022. Tranches of 1,312, 1,313, 1,312, and 1,313 RSUs vested on June 3 of 2023, 2024, 2025, and 2026, respectively, each converting into common shares.